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China
Oil Price
OPEC Sees Oil Rising To $40 In Second Half Of 2020
In China, which was hit first by the coronavirus, and which exited the lockdown first, the return to normalization in the transportation sector “is driving up …
Hydropower Plant
China Yangtze Power Acquires Peru Utility Luz Del Sur
It has completed the purchase of an 83.6 per cent stake in Luz Del Sur, a Peruvian utility, for $3.59bn.
Oil & Gas Trade
China's Comprehensive LNG Import Price Down
China's comprehensive import price index for liquefied natural gas (LNG) fell last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX).
EV Market
FAW-Volkswagen Launches First Plug-in Hybrid SUV in China
FAW-Volkswagen launched its first plug-in hybrid SUV on Saturday, which is expected to help the popular carmaker make further inroads into China's new energy ve…
State Grid
State Grid Corp of China to Spend $383m for Setting up 78,000 Charging Piles
State Grid Corp of China said on Tuesday that it would invest 2.7 billion yuan to set up 78,000 charging piles across the country, as China seeks to further pro…
Market Analysis
China to Cut New Energy Vehicle Subsidies by 10% This Year
China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10% this year, the finance ministry said on Thursday, following a decision last m…
China Joins the IEA Bioenergy Technology Collaboration Programme
The IEA Bioenergy Technology Collaboration Programme (TCP) has announced that the People’s Republic of China has joined the TCP, bringing the number of contrac…
Nuclear Fuel
Trump Officials Eye Blocking Uranium from Russia, China to help U.S. Nuclear Industry
Trump administration officials on Thursday recommended granting U.S. energy regulators the ability to block imports of nuclear fuel from Russia and China and de…
CNPC
CNPC Starts Building a 5.6 bcm Gas Storage Project in Xinjiang (China)
China National Petroleum Corporation (CNPC) has started to build the Wenjisang gas storage cluster project in Tuha Oilfield in the Xinjiang Uygur Autonomous Reg…
State Grid
China's Grid Giants up Investments in Charging Piles for NEVs
China's two grid giants have made ambitious investment plans to build charging piles for new energy vehicles (NEVs) as the country speeds up infrastructure cons…
Hydropower Plant
US, China to Cooperate on Hydropower Plant in Turkey
Turkey will collaborate with China and United States to build a pumped-storage hydropower plant in the Isparta province, in the western Anatolian region, Anadol…
Electric Vehicle Battery
SK Innovation to Supply EV Batteries to China's BAIC Group
SK Innovation will supply electric vehicle batteries to BAIC Group in China.
ExxonMobil Breaks Ground on Multibillion-Dollar Chemical Complex in China
Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China's Guangdong Province.
Crude Oil
China Doubled Crude Oil Storage Inflows During Coronavirus Demand Hit
China pushed crude oil into storage tanks almost twice as fast in the first quarter of this year as it did in the same period in 2019.
SINOPEC
LNG Tanker Maran Gas Vergina to Discharge First US Cargo in China in 13 Months
The tanker Maran Gas Vergina has arrived in China with the first delivery of US liquefied natural gas in 13 months.
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